#MarketNews
☀️ Happy Wednesday, dear traders! Today, June 12, we're bringing you the day's most thrilling news highlights:
☄️ Businesses and consumers, expecting rate cuts, are delaying purchases because the Fed is keeping rates at a 23-year high. Capital investments are dropping from 6.7% to 3.9%, and bankruptcy cases are up 40%.
🥇 China's central bank is expected to resume gold purchases if prices drop to $2,200 per ounce from the current $2,300, following 18 months of consecutive buying.
🍎 Apple's (#APPLE) stock surged 7.3% Tuesday, adding $215 billion to its market cap, bringing it closer to surpassing Microsoft as the largest US company.
🪙 KKR raised an A$500 million private credit loan from Blackstone and Goldman Sachs Asset Management to fund its acquisition of Perpetual Ltd.'s corporate trust unit. KKR (#KKR) shares are up 1.16%.
📈 Oracle's (#ORACLE) stock surged over 9% after strong results and new deals with Microsoft and OpenAI, with cloud unit sales expected to grow by 50%.
☀️ Happy Wednesday, dear traders! Today, June 12, we're bringing you the day's most thrilling news highlights:
☄️ Businesses and consumers, expecting rate cuts, are delaying purchases because the Fed is keeping rates at a 23-year high. Capital investments are dropping from 6.7% to 3.9%, and bankruptcy cases are up 40%.
🥇 China's central bank is expected to resume gold purchases if prices drop to $2,200 per ounce from the current $2,300, following 18 months of consecutive buying.
🍎 Apple's (#APPLE) stock surged 7.3% Tuesday, adding $215 billion to its market cap, bringing it closer to surpassing Microsoft as the largest US company.
🪙 KKR raised an A$500 million private credit loan from Blackstone and Goldman Sachs Asset Management to fund its acquisition of Perpetual Ltd.'s corporate trust unit. KKR (#KKR) shares are up 1.16%.
📈 Oracle's (#ORACLE) stock surged over 9% after strong results and new deals with Microsoft and OpenAI, with cloud unit sales expected to grow by 50%.